An applied study via structural equation modeling on disclosure
Küçük Resim Yok
Tarih
2013
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The aim of this study is to diagnose whether there is a relationship between company characteristics and disclosure. Therefore, the study adopts and uses an architecture which includes an applied study and investigation which demonstrates the impacts of companies managerial and financial properties on companies voluntary disclosure via structural equation modeling that is high level research technique and data organization method. In the first step of the study, we discussed the financial and management aspects of company characteristics, followed by a discussion on voluntary disclosure determinants. The hypotheses set forth in the study were tested by the establishment of a structural model. Using data from 237 listed companies, we find that the financial and management characteristics of companies have a direct influence on the level of disclosure. As a result of this finding we say information asymmetry tends to decrease in companies with a strong financial structure along with advanced corporate administration values. Such decrease in information asymmetry brings along an increase of the disclosure level, which in turn has positive effects on a company's market values which attract more people and investor to developing markets and countries around the world. © 2013 Asian Network for Scientific Information.
Açıklama
Anahtar Kelimeler
Financial characteristics, Information asymmetry, Management characteristics, Structural equation modeling, Voluntary disclosure
Kaynak
Journal of Applied Sciences
WoS Q Değeri
Scopus Q Değeri
N/A
Cilt
13
Sayı
7
